Which of the following is the formula to compute the net profit margin percentage?
a. Operating Income Ă· Net Sales
b. Net Income Ă· Net Sales
c. Net Income Ă· Average Equity
d. Net Income + [Interest Expense X (1 - Tax Rate)] Ă· Average Total Assets
The formula used to compute the net profit margin percentage.
The formula used to compute the net profit margin percentage is Net Income/ Net sales
Net profit margin percentage shows how much net profit/ income is generated as a percentage of revenue...
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